Percentage Consultant Cost = all direct costs of employing consultants including commission / total perm revenue and temp margin
For seriously cool recruitment KPIs check out the RIB report, especially the new electronic version. I wish other industries that a great service like this.
It’s said that a KPI is something that can affect profit and cash, but most important things do. The trick is to use common language and make sure everyone is onboard and has a clear understanding of what’s being measured and why. Then make sure you stick to the same ones and learn to, if not love, live them.
If you are looking for a good system to report KPIs as well as your financials check out Spotlight Reporting. They have some great new templates for some of these industries that inspired this blog. Thanks guys.